The market data from 4 similar recent sales in WOODS CRYSTAL FALLS points to a value of approximately $464,550. To sell within a reasonable timeframe at fair market value, the $451,000 to $478,000 range is where I'd position this. With 4 comparable homes on the market in WOODS CRYSTAL FALLS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1997 construction puts this home 6 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in WOODS CRYSTAL FALLS (a buyer's market), competition is a factor to consider. In 78641, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 1913 Dove Ridge TRL, Leander TX 78641, adjusting to $499,797; with a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group